Prosperity Planning Inc. Increases Stake in Vanguard Growth ETF $VUG

Prosperity Planning Inc. raised its position in Vanguard Growth ETF (NYSEARCA:VUG) by 511.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 295,226 shares of the company’s stock after acquiring an additional 246,955 shares during the quarter. Vanguard Growth ETF makes up 5.8% of Prosperity Planning Inc.’s investment portfolio, making the stock its 3rd largest position. Prosperity Planning Inc.’s holdings in Vanguard Growth ETF were worth $25,431,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of VUG. Canandaigua National Bank & Trust Co. purchased a new stake in shares of Vanguard Growth ETF in the 2nd quarter worth about $1,635,000. Calder Financial LLC boosted its stake in shares of Vanguard Growth ETF by 502.0% during the 2nd quarter. Calder Financial LLC now owns 55,893 shares of the company’s stock valued at $4,815,000 after purchasing an additional 46,609 shares in the last quarter. Integral Investment Advisors Inc. increased its position in shares of Vanguard Growth ETF by 508.8% during the second quarter. Integral Investment Advisors Inc. now owns 189,663 shares of the company’s stock valued at $16,338,000 after buying an additional 158,511 shares during the period. Brighton Securities CORP. increased its position in shares of Vanguard Growth ETF by 522.9% during the second quarter. Brighton Securities CORP. now owns 169,576 shares of the company’s stock valued at $14,607,000 after buying an additional 142,351 shares during the period. Finally, Balefire LLC increased its position in shares of Vanguard Growth ETF by 495.8% during the second quarter. Balefire LLC now owns 28,956 shares of the company’s stock valued at $2,494,000 after buying an additional 24,096 shares during the period.

Vanguard Growth ETF Price Performance

VUG stock opened at $89.18 on Tuesday. Vanguard Growth ETF has a 1 year low of $69.63 and a 1 year high of $90.60. The firm has a 50-day moving average of $86.04 and a 200 day moving average of $81.99. The company has a market cap of $230.69 billion, a P/E ratio of 36.22 and a beta of 1.22.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.